The 3 compliance misses that cost non-residents +$10,000. And how to avoid them.
Most non-residents with an LLC lose money to three compliance mistakes nobody warned them about. Here's the tax map on one page: what you owe, when, and the penalty if you miss it. Drop your email and download it instantly.
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Not filing 5472 + 1120
The annual IRS filing for your LLC's transactions with the owner. Missing it when it applies = a $25,000 penalty.
Not reporting the FBAR
If your accounts outside the US top $10,000 at any point in the year. Willful: up to $165,353 or 50% of the balance.
Not filing the BE-13 Claim for Exemption
The BEA foreign-investment census, once only at formation (45 days). It arrives by mail and nobody opens it.
🛡️ And what you must NOT file: the BOIR. Since March 2025, FinCEN exempted every company created in the US from reporting it. Your LLC is created in the US → exempt. (Source: fincen.gov/boi.)
The good news: whether you're a Basic or Manager client, we file this for you. You review and approve — you don't fill IRS forms against the clock.
Want to stop watching deadlines?
We form your LLC and handle all the federal compliance —5472, FBAR, BE-13 Claim for Exemption— on any plan. With Manager, also bookkeeping, reports and Lucy.
Start your LLC →Penalty figures as of publication; FBAR and BEA adjust for inflation. Not legal or tax advice — your advisor validates your case. Devil Club is not a law firm.